Redding, Connecticut Real Estate Update
January, 2011
Closed home sales in Ridgefield, Connecticut:
There were 7 home sales closed in Redding, CT.
The median closed sales price in Redding was $527,260.
On average, these homes sold for 94% of their final list price.
Marketing time averaged 276 days on market.
NOTE: 14% of these sales were bank-owned foreclosure properties
This compares with 2 closed sales in this month last year, with a median sales price of $796,250.
Currently available homes for sale in Redding, Connecticut:
Currently, there are 83 homes for sale in Redding, CT.
List Prices range from $275,000 for a small cape to $9,500,000 for an antique estate on 65 acres.
Redding, Connecticut is a wonderful New England town that has maintained its rural charm while becoming a popular residence of those who commute to lower Fairfield County or Westchester County and New York City.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate Broker
203.947-1107
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate.
Ouch!! almost nine months on the market to sell a house (Marketing time averaged 276 days on market)
Roger - Yep. That's our marketing time in this area.
DON, THAT IS DREADFULL... WHICH REMINDS ME, I DON'T HAVE THOSE STATS AT THE TIP OF MY FINGERS FOR MY MARKET AREA! I SHOULD KNOW THAT STUFF COLD!
These stats are not dreadful - they are what they are.
Besides, with only two sales for the month, year-over-year results can appear a bit skewed.